Goldman Sachs has revamped its Asia leadership with a number of internal promotions in Hong Kong and South-East Asia, as the US bulge-bracket bank replenishes its senior ranks following recent retirements.

Australian banks are breathing a sigh of relief after the country’s top banking regulator confirmed that future changes to the risk weightings of mortgage loans would not require them to hold more capital.

Hong Kong Exchanges and Clearing gave its clearest indication yet that it intended to push ahead with plans to allow dual-class shares as CEO Charles Li said feedback from its recent consultation process was “very strongly” in favour of the proposals.